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Henkel Closes Shiseido Hair Care Deal

Becomes a leading player in Asia's professional business with acquisition of Sublimic and Primience brands.

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By: Christine Esposito

Editor-in-Chief

Henkel has successfully closed its previously announced acquisition of the professional haircare business of Shiseido Company, which includes Sublimic and Primience brands. The business recorded sales of more than €100 million euros last year and employs approximately 500 people. Sublimic is now part of Henkel's professional hair care stable. In the accord, Shiseido retained a 20% share in the business legal entity in Japan. The agreement to acquire the business was signed o...

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